Business
An attacker took advantage of an IBC hooks vulnerability flagged in April to exploit the Terra blockchain.
DeFi
The ZKX team said the decision to halt operations was partly due to low user engagement, while the current value of its token wouldn’t be able to sustain the protocol.
Regulation
Former President Donald Trump promised he would fire Gary Gensler on “day 1” if he wins, but could he actually fire the head of the SEC? And for that matter, can Vice President Harris do it now?
DeFi operations firm AlphaGrowth is leading a proposal to develop a Compound staking product that addresses the interests of Humpy in return for cancelling the controversial Proposal 289.
NFTs
‘Song-A-Day’ Man artist Jonathan Mann and Law Professor Brian Frye have sued the SEC to help provide regulatory clarity for digital artists who use blockchain technology and NFTs.
Compound stakeholders are concerned that a DAO delegate managed to execute a “governance attack” in plain sight.
Bitcoin
The price of bitcoin edged towards $70,000 after the former US president and current Republican nominee Donald Trump took the stage at Bitcoin 2024.
The former President wooed the pro-Bitcoin crowd with a long list of crypto-friendly promises.
Right after Presidential Republican nominee Donald Trump’s speech, Senator Cynthia Lummis (R-Wyo.) laid out the much-anticipated idea of a strategic bitcoin reserve to wild applause.
The price of BTC and ETH have both reacted similarly in the days after their respective spot ETFs went live. But experts say it’s unlikely that ETH will soon rally to an all-time high, as BTC did.
